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Rising Star
Any word on layoffs at JPM?
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Chief
Median H1B comp offered was 118 K in 2023 as per USCIS. Cognizant this year has offered somewhere between 84 K -170 K to H1Bs. Only 2 were 84 K and rest are over 100K.
I don’t know what Accenture offers, but this is public data. Accenture is also an offshore sweat shop.
But yes, it will affect your company. They will move more jobs offshore. They are not hiring Americans to avoid a 100 K fee if you are asking that. You are not getting a pay raise either. At some point people will understand that blaming immigration for all your problems will not get you so far
Yes more tariffs to stop the bleed is just what we need to bring our economy to a full halt. Clearly tariffs are the solution to everything.
And free markets? Pffft. Whatever the next week’s EO says are the new rulzz of the market.
And yes 750K h1B workers are the reason why Americans live pay cheque to pay cheque. Has nothing to do with how the country manages its money despite being the richest country in the world otherwise.
He can add a 200% tariff on work delivered from offshore and wrap this thing with a bow. It is crazy times ahead.
It's a shame how many comments pretend the H1B program doesn't have issues in its current format. (It's definitely needed in some form, of course.)
"A New Jersey-based company that supplies IT workers throughout Silicon Valley and the Bay Area was intentionally discriminating against non-Indian workers and abusing the H-1B visa process, a jury has found."
There are so many articles/stories like this
IBM1 not to mention some of them are agents/spies for the indian gov who to this day are still in Canada but unknown. What a fail...
You realize Accenture also has ONSHORE h1bs right? They're the ones that are your SMEs, your technical experts that you take to RFPs and orals, and how you differentiate from other competitors.
America’s top tech companies were built by its own people. It’s no coincidence that technology quality and usability took a nosedive once H-1Bs began flooding into decision-making roles
I just posted a screenshot of something similar until I saw this and removed mine. Freaking about time 🙌🏻
yes, but how does this stop WITCH from bidding low and offshoring the work?
D1 it won't and somehow Americans who thought they are winning by paying those higher tariffs without doing the math will cheer him on, while jobs will continue to be offshored or replaced by AI in favor of profitability rather than the American worker....Winning....
Is this filing fee? Or salary?
The lack of focus on STEM in this country is the root cause, parents don’t care if their kids have an average understanding of math, they much rather have their kids play a sport to hopefully guarantee some type of college sports scholarship. Meanwhile in India and China, they are cracking code at 7 years old, and they will come to the US to work, that’s what their parents want, especially the underprivileged.
So instead of making the investment to get the US smarter, let’s just make more difficult to hire smart people from other countries while maintaining the poor state of education at home.
Weird…with the billions of dollars that these companies have had for years, you’d think they’d have contributed to universities here to fatten the pipeline of this country. There are 73m children in this country that are under 18. I’d imagine that there are plenty that are ready and able to fill roles once they graduate.
Rising Star
Wait until the Hire Act goes into effect. That will be worse.
This is only going to make things worse! More jobs will be offshored if this happens and people with these skill sets will reduce in America which will reduce our competitiveness. Also more near shoring will happen.
Can’t get much worse than it is now
Companies will have 3-6 years to determine who has really special skills. Accenture has over 9k, FedEx over 5k - if they are drivers that is not special skills.
This might push more people to Canada since they have no cap, express entry, short processing time, and more (co pilot for the assist here)
People use co pilot?
This may be great for the India economy as there will just be more need of that talent and higher appetite to apay them more in India than hire talent in the US
Lack of talent was never the problem India had
There are only 750K people on H1B at this time in USA,all those lives will be uprooted no impact on economy no impact on the hiring of americans as Indians having GC or citizenship will take those jobs …
Can't deal with the competition?
Now more work will be done offshore. Also, does Trump do anything with L1 visas?
Who pays the $100k, the employee or employer? Also, is this signed or just something he said he wants to implement?
What happens now? Obviously half of EY is on h1b onshore. Is this for existing or new people? Do we know the details?
Any stats on open positions being removed from career websites?
Great news for B4 - don’t think it’s enforceable
Personally think this is an abhorrent use of public policy
This is simply going to exacerbate a company’s desire to offshore, not reduce it. The US has continually made college less affordable and valuable and now Zoom / remote culture organizations will simply force adaptation to time zone changes.